This is a form of term deposit wherein the depositor can deposit money for 12
months or more. The interest will be credited to the depositor on a monthly
basis. The depositor must have or (open a new) Savings Bank account to enable the bank to credit the
interest in the SB account.
|Eligibility||All types of customers.|
|Minimum Amount||Amount: Rs 1000.|
|Maturity Period||The deposit can be accepted for a period of 12 months and above.|